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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

.” Partly funded by Zara-owner Inditex, Moda Re will expand sites in Barcelona, Bilbao, and Valencia, in some of the first signs of a planned ramp-up in garment sorting, processing, and recycling capacity in response to a barrage of new European Union proposals to curb the fashion industry.

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Vestiaire Collective’s fast-fashion ban: clever or counterproductive?

Inside Retail

Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Wone, who joined Vestiaire Collective in March 2020, said the ban underlines Vestiaire Collective’s founding mission – to drive collective change towards a circular fashion economy.

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Shein Buys Missguided, Ushering in ‘New Format of Partnerships’

Retail TouchPoints

Digital fast fashion retailer Shein has acquired UK women’s retailer Missguided from Frasers Group. Missguided will be managed through the joint venture, and its collections will by manufactured by Shein. . ” The Missguided acquisition follows Shein’s growing partnership with U.S.

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Why Shein’s new sustainability campaign might perpetuate overproduction

Inside Retail

To what extent can fast fashion brands make inroads in their sustainable practices and reduce their textile waste without fundamentally changing their business and operating model? This further fuel[s] their hyper-fast fashion model.”

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Barneys New York Finds a New Home at Forever 21

Retail TouchPoints

Just in time for New York Fashion Week, the iconic, now defunct luxury department store Barneys New York has made its return to fashion, albeit not in a way that many of the brand’s devotees would have imagined. Fast fashion retailer Forever 21 has released a limited-edition collection featuring the Barneys brand.

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Rags not riches: Ghana drowns in Western castoffs

Inside Retail

Last year’s must-have dress, yesterday’s flares and countless other Western castoffs are strangling the Global South, prompting calls for fast fashion to pay the price for rampant overproduction. Noi said the market generates at least 100 tonnes of fabric waste daily, while city trash trucks can only carry 30 tonnes.

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Shein buys Missguided brand from Britain’s Frasers

Inside Retail

Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Missguided will be managed through the joint venture, and its products will be manufactured by Shein.